Airbus CEO tells managers he seeks job-cut deals by early summer
Airbus SE Chief Executive Officer Guillaume Faury has told senior managers the European planemaker must “act fast” to slash jobs as it confronts the sharpest…
Ryanair’s chief Is on a mission to wreck EU airline rescues
Michael O’Leary, Ryanair Holdings Plc’s combative chief executive officer, is picking a fight with Deutsche Lufthansa AG as he ramps up a legal battle with…
Delta to retire Boeing 777 jets, sees up to $1.7 billion charge
Delta Air Lines Inc. will retire its Boeing Co. 777 jetliners, a mainstay of its long-distance fleet, as the carrier rushes to cut costs amid…
British Airways owner rebuffs calls to delay 12,000 job cuts
British Airways owner IAG SA said it plans to go ahead with plans to cut up to 12,000 jobs, while its Chief Executive Officer Willie…
Qatar Airways to cut almost 20% of workforce, CEO tells BBC
Qatar Airways will cut almost 20% of its workforce after a slump in travel demand caused by the coronavirus, the carrier’s chief executive officer said…
Luxury jets in Florida, sea planes in Alaska get virus aid
Luxury charter airlines and companies that fly tourists on sea planes in Alaska received millions of dollars in federal aid under the $25 billion Treasury…
Airlines tumble on warning of lagging travel demand through 2025
U.S. airlines plummeted to the lowest since 2013 after the International Air Transport Association warned that demand for flights will lag behind pre-coronavirus forecasts for…
Airline group sees virus hurting travel for at least five years
Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from the International Air Transport…
Johnson says airlines must keep low carbon footprint
U.K. Prime Minister Boris Johnson said the global aviation industry needs to limit carbon-dioxide emissions once air travel resumes following the coronavirus crisis.
Korean Air plans to raise over $800 million to stay afloat
Korean Air Lines Co. plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of…
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